Urgent.News

600+ sources. One page. See who else covered it.

Editions

Business

Immobilien: „Wer den Bestand konsequent pflegt, vermeidet kostspielige Eingriffe“

Architekt Reiner Nagel über das unterschätzte Potenzial bestehender Gebäude, die Kunst des langlebigen Bauens und ein Projekt, das zeigt, wie Architektur ohne Zement aussehen kann.

Original German Read in English

Immobilien: „Wer den Bestand konsequent pflegt, vermeidet kostspielige Eingriffe“

Berlin - Reiner Nagel, the CEO of the Federal Foundation for Building Culture since 2013, has been promoting discussions around the quality of planning and construction in Germany for two decades. Prior to this role, the architect and urban planner led the urban development, urban and public space planning departments in Berlin's Senate Department for Urban Development.

Currently, Nagel sees the greatest untapped potential in the real estate sector in the renovation of existing buildings. The tangible potential of such structures is evident, but immaterial values like historical, cultural, and social significance are often overlooked. For instance, vacant office spaces can be transformed into residential units at relatively low costs. Additionally, Nagel believes that vacant offices can be repurposed into residential units at relatively low costs.

On a personal note, the moment that stood out for Nagel was visiting the building of former architect Arne Jacobsen in Aarhus, Denmark. Completed in 1941, the building maintains its modern appearance without any major renovations, but rather through regular maintenance. This highlights a crucial message for the real estate industry: consistently maintaining existing structures preserves their value, conserves resources, and avoids expensive renovations.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

SK Innovation Expands Natrium SMR Cooperations with TerraPower

SK Innovation is partnering with TerraPower, a U.S. next-generation small modular reactor (SMR) company, to jointly enter the global SMR market.

  • SK Innovation partners with TerraPower to expand SMR market presence.
  • Agreement signed in Seoul on August 14, 2023, by Choo Hyoung-wook and Chris Levesque.
  • SK Innovation transitions to direct operator in SMR business development.

More from Friday 14 August →